MARKETPLACE ARTS
The objects of the Association shall be to co-ordinate and promote the maintenance, improvement and development of artistic taste and the knowledge; understanding and appreciation of the arts among the inhabitants of Fenland District and surrounding areas .
Objects
To advance the education of the public in the arts by:Encouraging and developing public participation in the performing, visual and other artforms by the presentation of artworks, commissions, concerts, performances, exhibitions and festivals in the districts of Fenland and West Suffolk primarily, as well as in East of England region, Nationally and Internationally. Supporting community wellbeing and capacity building in Fenland and West Suffolk through commissioning of collaborative arts projects addressing issues of place, community, equality and inclusion. Promoting, supporting and developing the creative community of Fenland and West Suffolk including the amateur and voluntary arts sectors and the understanding of collaborative arts practice regionally, nationally and internationally.
Financial health, per its FY2026 accounts
The accounts state that total income for the year was £315,293, with total expenditure of £298,493, resulting in a net surplus. The charity holds unrestricted free reserves of £13,569, which the trustees acknowledge are below their stated policy target of three months of expenditure.
What the accounts disclose
“achieving the target level of free reserves equivalent to 3 months total expenditure will take some time” — page 13
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Paying staff
- Risk management
- Safeguarding policy and procedures
- Safeguarding vulnerable beneficiaries
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
- Volunteer management
Trustees
- Chris Bell
- GODFREY BRIAN SMITH
- Joanne Gray
- Katherine Elizabeth Nightingale
- Mark Haydon
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2026 | £315k | £298k |
| 31/03/2025 | £433 | £535 |
| 31/03/2024 | £6k | £6k |
| 31/03/2023 | £534 | £982 |
| 31/03/2022 | £282 | £508 |
Common questions
Is MARKETPLACE ARTS financially healthy?
Per its FY2026 accounts: The accounts state that total income for the year was £315,293, with total expenditure of £298,493, resulting in a net surplus. The charity holds unrestricted free reserves of £13,569, which the trustees acknowledge are below their stated policy target of three months of expenditure. Its FY2026 accounts were independently examined.
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 17/03/2005 | £5k | Arts and March Town Hall |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE YOUTH ENDOWMENT FUND CHARITABLE TRUST | 1 | £543k |
| IMPETUS - THE PRIVATE EQUITY FOUNDATION | 1 | £111k |
| THE FOYLE FOUNDATION | 1 | £100k |
| THE ELMLEY FOUNDATION | 1 | £31k |
| THE DE LASZLO FOUNDATION | 1 | £20k |
| Norwich Freemen's Charity | 1 | £10k |
| THE BEAVERBROOKS CHARITABLE TRUST | 1 | £10k |
| EQUITY CHARITABLE TRUST | 1 | £7k |
Charities like this
- MEADOW ARTS
- NEWCASTLE ARTS CENTRE TRUST LTD
- ART GENE LIMITED
- NORWICH ARTS CENTRE LIMITED
- ARTSWORK LIMITED
- NEW CUT ARTS
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| MARKETPLACE ARTS | £315k | — | 0 | below | — | no doubt |
| MEADOW ARTS | £341k | — | 0 | above | — | no doubt |
| NEWCASTLE ARTS CENTRE TRUST LTD | £175k | — | 0 | unclear | — | no doubt |
| ART GENE LIMITED | £404k | — | 0 | above | — | no doubt |
| NORWICH ARTS CENTRE LIMITED | £1.1m | — | 0 | unclear | — | no doubt |
| ARTSWORK LIMITED | £1.9m | — | — | unclear | — | no doubt |